Voleon Capital Management LP has purchased 149,656 shares of U.S. Bancorp, valued at around $6.3 million. This move is part of a series of institutional changes involving the banking giant, with other investors also adjusting their stakes in the company.

During the first quarter, Northwestern Mutual Wealth Management Co. raised its holdings in Schwab U.S. Large-Cap Growth ETF by 6.6%. The firm purchased an additional 507,864 shares, for a total of 8,250,812 shares overall.